Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

United Western Bank SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Advertising Agencies

Looking for business loans for advertising agencies? Try the SBA. This $300,000 advertising agencies loan was issued by a Colorado bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with United Western Bank, out of Denver, Colorado. The loan was granted and they received $300,000 to help grow their Miami Beach, Florida business.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
MIAMI BEACH, FL 33139

SBA Loan Lender

UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7311 - Advertising Agencies

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

10/2/2003

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like United Western Bank and they will explain how you can get an SBA loan for your company.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Dealing With Venture Capitalists

SBA Banks in Denver, Colorado

Getting a Business Loan in Colorado